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Walmart India to invest $500 million to open 47 more stores

Updated : November 01, 2018 06:20 AM IST

Krish Iyer, President and CEO Walmart India, said that out of the 23 B2B Cash and Carry stores, 19 have achieved break even with over a million members.
The global retail giant, which opened its 23rd wholesale store in Visakhapatnam on Wednesday, is in the process of setting up a second store in Visakhapatnam and discussions are underway for land.
Walmart India to invest $500 million to open 47 more stores
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